This book studies the challenges for Indonesia, once a miracle economy, as it faces premature deindustrialisation, rising inequality and domestic and external factors impacting its export-oriented industrialization. Since the fall of Soeharto, Indonesia has undergone a far-reaching systemic transition from centralised and autocratic governance to a highly decentralised and democratic system. Complicated by regional variations, the country is now being called upon to respect labour rights and, amidst slow global economic recovery, is facing increased competition from other low-labour-cost countries, especially within the ASEAN Economic Community. Tadjoeddin and Chowdhury posit that Indonesia cannot recreate its past miracle based on cheap labour and suppression of labour rights. It will need to move quickly to high value-added activities driven by productivity growth and to develop its domestic market.

A robust and efficient tax administration in a modern tax system requires effective tax policies and legislation. Policy frameworks should cover all aspects of tax administration and include the essential processes of capturing, processing, analyzing, and responding to information provided by taxpayers and others concerning taxpayers' affairs. By far the greatest challenges facing tax administrations in all countries are those posed by the continuing developments in the digital economy. Whereas societies are grappling to come to terms with the transitions from the third industrial or digital revolutions, revenue authorities grapple with the consequences for the sustainability of their tax bases and the efficient administration and collection of taxes. This book presents a critical review of the status of tax systems in Asia and the Pacific in the era of the digital economy. The book suggests how countries can maximize their domestic resource mobilization when confronted by the challenges that digitalization inevitably produces, as well as how they can best harness or take advantage of aspects of digitalization to serve their own needs. The full implications of the COVID-19 crisis are still too uncertain to predict, but it is clear that the crisis will accelerate the trend towards digitalization and also increase pressures on public finances. This, in turn, may shape the preference for, and the nature of, both multilateral and unilateral responses to the tax challenges posed by digitalization and the need to address them. This book will be a timely reference for those researching on taxation in digital economy and for policy makers. The Open Access version of this book, available at www .taylorfrancis .com, has been made available under a Creative Commons Attribution-Non-Commercial-No Derivatives 4.0 license.

This book provides novel insights into how Chinese provinces have developed into major sources of China's outbound investments. Focusing on the Yangtze River Delta region, the book compares two provinces with highest outbound investment in China, Jiangsu and Zhejiang and traces how locality-unique conditions contribute to the economic internationalization of Chinese provinces. Through its in-depth exploration of these case studies, the book reveals how the deficiency of enterprises' investment capacity heavily depends on the unique political, economic, formal and informal institutions of each province. The findings presented in this book also offer conclusions relevant to the study of the internationalization process of emerging economies engaging in outward investment, such as India and Brazil. Featuring insights from interviews with scholars, managers and government officials this will be an invaluable resource for scholars, students and professionals interested in International Economics, International Political Economy, Chinese Studies and Asian Studies.

This fully updated and expanded second edition of "The Field Guide to the Global Economy" presents the latest facts to help make sense of the rapidly changing international economy. Illustrated throughout with charts, graphs, and cartoons, the book documents new trends, including the foreign "outsourcing" of U.S. service jobs, as well as the increasing influence of mega-firms like Wal-Mart and labor union-free China on workers around the globe.

Published in conjunction with the Institute for Policy Studies, an independent research institute based in Washington, D.C., this accessible guide explains how global institutions such as the World Bank, International Monetary Fund, World Trade Organization, and North American Free Trade Agreement affect communities, workers, the poor, and the environment. The book dispels the widely disseminated propaganda about current globalization policies and provides an update on the burgeoning movement that is challenging them, from Bolivian water warriors to U.S. student anti-sweatshop activists.

Today, by many accounts, China is the world's foremost purveyor of foreign aid and foreign investment to developing countries. This is the product of China's miracle economic growth over a period of more than three decades, together with China's drive to become a major player in world affairs and accomplish this through economic rather than military means. This three-volume work is the first comprehensive study of China's aid and investment strategy to trace how it has evolved since Beijing launched its foreign aid diplomacy at the time of the founding of the People's Republic of China in 1949. Volume III offers an analysis of China's foreign aid and investment to countries outside of Asia: in Africa, Europe, the Middle East, Latin America, and Oceania. Africa was and is the most important of these regions and it is given special treatment. In the concluding chapter, Copper reviews the findings of previous the volumes, delineates China's most important victories and setbacks, and notes opposition to and criticism of China's aid and investment diplomacy. Copper gives evidence that will be shocking to some of the reality that China's financial help to developing countries is one of the most salient trends in international politics and constitutes a formidable challenge to the United States, Japan, and Europe, as well as international financial institutions.

This book is a comprehensive economic and legal study of the theoretical and practical aspects of the problems of increasing energy efficiency; self-motivation of energy saving by business entities within the framework of their corporate responsibility; regulatory mechanisms to stimulate energy conservation in the economy; civil-law regulation of foreign trade turnover of energy resources between economic entities of the Russian Federation and companies of member states of international integration associations - the CIS, EEMP, the EU and BRICS. It argues that technological energy saving plays a key role in reducing the energy intensity and increasing the energy efficiency of the economy, and substantiates the need for institutional support - including legal support for the participation of the Russian Federation - in various forms of international cooperation. Lastly, based on an analysis of current legislation, programs and recommendations, judicial and contractual practices, customs and trade procedures, it offers proposals for the developing, improving and unifying civil law regulation of obligations in the sphere of international trade in energy resources, as well as methodological recommendations for drafting foreign trade contracts in the energy sector.

Civic engagement is a concept of action that has become part of common vocabulary, not only in the West but also in many other regions of the world as well. A growing, yet still small number of scholarly works has recently emerged showing how in Japan citizen activism, volunteering, and social action for a public cause are dev- oping. This present volume is another, and in my view, important addition to the body of knowledge on civic engagement in Japan. The majority of books on related issues in Japan take on the perspective of organized civic life, in nongovernmental organizations (NGOs) or nonprofit organizations (NPOs): we know quite a number of things about the quantitative trends in these organizations, on their positioning, on their difficulties, and on the institutional contexts in which they have to work. We know relatively little - except for a small number of topical qualitative case studies - on broad issues that relate to civic engagement in Japan, inside or outside these formal organizations. This volume is the first to offer a wide scope of broad variety of forms of civic engagement in contemporary Japan. The volume is quite forceful in counterbalancing oversimplified ideas on an "ideal" civil society in which state, market, and civil society organizations are in- pendent and at best take on oppositional stances.

Today, by many accounts, China is the world's foremost purveyor of foreign aid and foreign investment to developing countries. This is the product of China's miracle economic growth over a period of more than three decades, together with China's drive to become a major player in world affairs and accomplish this through economic rather than military means. This three-volume work is the first comprehensive study of China's aid and investment strategy to trace how it has evolved since Beijing launched its foreign aid diplomacy at the time of the founding of the People's Republic of China in 1949. Volume II provides an analysis of China's foreign aid and investment to countries and regional organizations on the Asian continent, covering all of its major sub-regions, during the period from 1950 to the present day. Copper considers motivating factors such as the Korean War, the Vietnam War, and China's desire to challenge the West and later the Soviet Union. Also important to China and driving its aid and investment was China's pursuit of Communist Bloc solidarity, a search for secure borders, and competition with India for influence in the Third World. Securing its imports of energy and raw materials and markets for is products came later. Marginalizing Taiwan and defeating it diplomatically constituted another goal of China's foreign aid and foreign investment analyzed here.

This book tries to build a broad view on industrial processes of large economies and their integration in the world. It provides insight into the industrialization progresses of the quartet of USA, China, Germany and Japan, all attaining individual industrialization success by distinct trade, fiscal and industrial policy path, the underlying principles of which can be traced back to respective nation's roots in civilization. The combination of their industrial output led to the integrated formation of international industrial distribution. While being highly productive, the current distributed pattern yields benefits that are unevenly dispersed among different regions, industries and societal groups within each participating nation and among engaging economies. To address the uneven benefits distribution at both domestic and international levels, large industrial economies took a plethora of policy actions that will impact industrial ecosystem and portfolio results. The book aims to help readers to build better investment strategies and robust risk management practice under the context of uncertainty and successfully navigate through choppy waters in the years ahead.

Asia has one of the most dynamic and fastest developing economies in the world. This study assesses the current state of economic integration in Asia - in particular in East and South East Asia- and analyzes the prerequisites for a sustainable path of economic integration, using the background of the EU experience as a benchmark. The crucial notion of 'sustainable economic integration' is explored under the prism of the EU-Asia economic and business relationship. The book offers an integrated approach to the concept of economic integration by linking it to that of sustainability.In the first introductory part, the idea of 'sustainable economic integration' is clarified, and examined using a political economy perspective. The second part of the book includes a number of chapters relating to specific case studies epitomizing the current state of integration in Asia; because of its role and of its size, China features quite prominently in this part.Economic Integration in Asia provides a critical overview of economic integration in Asia, and makes indispensable reading for researchers and students of Asia and development economics, and in particle to those interested in the economy of China.

In a world in transition and an era of transformation, Mahtaney calls for reflection and an analysis of a wide canvas of global economic experience. Her new work initiates a thorough review of the strategies and policies that have been pursued over the past two decades. The economic meltdown compelled the beginning of the next phase of globalization and she contends that the future will see an increase in globalization. As crucial questions arise about the direction in which globalization is headed and the sustainability of economic growth and reform, the fundamental objective of this exciting work is to elucidate crucial insights about the next phase of development in the world economy.

This book provides a simple explanatory guide for the layman that clarifies the 'big picture' of the PMBOK. The Guide to the Project Management Body of Knowledge (PMBOK), published by the Project Management Institute, provides a roadmap of performance domains designed to support project managers in all phases of project management. The sheer number of models, methods, and artifacts may leave project managers in a quandary about where to start and how to apply the many components. This book provides a simple explanatory guide for the layman that clarifies the 'big picture' of the PMBOK.

The remarkable transformation of the Chinese economy in terms of its structure and growth has drawn unprecedented attention from academics, policy makers and businessmen alike. In the past four decades, China swiftly transformed from a centrally-planned to a market-oriented economy, with an economic size just behind the US and ahead of Japan. Amid commendations for China's economic success offering valuable reform and growth lessons to other developing countries, underlying challenges have been emerging, which constitute long-term risks in shaking China's sustainable success. These challenges encompass a wide range of sectors and issues such as the rural-urban divide, state monopoly, policy loans in the banking sector, lack of skilled and sophisticated workers, environmental degradation, etc. This book unveils the risks and challenges embedded in China's spectacular economic success and demonstrates that effective handling of these challenges is vital for China to avoid falling into the "middle-income trap". It is elucidated that feasible solutions are available to accommodate these risks and the clue of success lies on the willingness and ability of China's central leaders to implement further reforms. This book is a valuable reference for undergraduate and postgraduate students, academics, and public and business policy makers who are concerned about the current status and future development of the Chinese economy.

Robots and artificial intelligence (AI) are powerful forces that will likely have large impacts on the size, direction, and composition of international trade flows. This book discusses how industrial robots, automation, and AI affect international growth, trade, productivity, employment, wages, and welfare. The book explains new approaches on how robots and artificial intelligence affect the world economy by presenting detailed theoretical framework and country-specific as well as firm-product level-specific exercises. This book will be a useful reference for those researching on robots, automation, AI and their economic impacts on trade, industry, and employment. The Open Access version of this book, available at www.taylorfrancis.com, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.

Drawing on a range of global case studies, Market Distortions in Privatisation Processes illustrates the ways in which market distortions damaged the ability of privatisation processes to yield concrete benefits to consumers. The book compares and contrasts privatisations of state-owned enterprises around the world where competition informed the regulatory design and thus liberated consumer welfare. In particular, the cases are drawn from the electricity and gas sector, the telecoms industry, and postal services - each of which has been frequently privatised in different context. For each industry, the book explores the UK and US experiences as well as looking at international cases from both developed and developing countries including, where appropriate, Japan, Colombia, Romania and Mexico. The emphasis is on analysing the impact that market distortions have had on the outcomes of those privatisations. The book also looks at how public service objectives were achieved and how they too can be designed in pro-competitive or anti-competitive ways. This book will be of significant interest to readers in international business, economics, and law.

How do we stop the unrelenting evolution of the economic hit man strategy and China’s takeover?

The riveting third edition of this New York Times bestseller blows the whistle on China’s economic hit man (EHM) strategy, exposes corruption on an international scale, and offers much-needed solutions for curing the degenerative Death Economy.

In this shocking exposé, former EHM John Perkins gives an insider view into the corrupt system that cheats and strong-arms countries around the globe out of trillions of dollars and ultimately causes staggering income inequality and ecological devastation.

EHMs are highly paid professionals who use development loans to saddle countries with huge debts and force them to serve US interests. Now, a new EHM wave is infecting the world, and at the peak of the devastation sits China, a newly dominant economic power, with its own insidious version of the US EHM blueprint. Twelve explosive new chapters detail the allure, exploitation, and wreckage of China’s EHM strategy in Latin America, Asia, Africa, the Middle East, and Europe.

If allowed to continue its rampage, the EHM strategy—whether executed by the United States or China—will destroy life as we know it. However, all is not lost. Perkins offers a plan for transforming this system that places profits above all into a Life Economy that restores the earth. He inspires readers to take actions toward a new era of global cooperation that will end the United States’s and China’s EHM strategies for good.

Based on extensive field work involving the leading figures of the diverse Syrian National Coalition, an umbrella initiative of opposition groups fighting against the Assad regime, this study critically evaluates the challenges ahead as well as the inherent opportunities for the post-conflict era in Syria.

The Russian State and Russian Energy Companies analyses the development of relations between the state and five major energy companies, and how this shaped Russia's foreign policy in the post-Soviet region. The book argues that the development of Russia's political economy mattered for foreign policy over the quarter of a century from 1992 to 2018. Energy companies' roles in institutional development enabled them to influence foreign policy formation, and they became available as tools to implement foreign policy. The extent to which it happened for each company varied with their accessibility to the Russian state. Institutional development increased state capacity, in a way that strengthened Russia's political regime. The book shows how the combined power of several companies in the gas, oil, electricity, and nuclear energy industry was a key feature of Russian foreign policy, both in bilateral relationships and in support of Russia's regional position. In this way, Russia's energy resources were converted to regional influence. The book contributes to our understanding of Russia's political economy and its influence on foreign policy, and of the formation of policy towards post-Soviet states.

This book aims to identify what components are needed for economic diplomacy in today's rapidly changing world, looking at the nature, focus and tenets of economic diplomacy, and the differences between economic diplomacy and commercial diplomacy. Further, it considers the new kind of diplomacy that will be required for emerging markets, in contrast to maintaining the traditional techniques used for economic diplomacy between states. The author emphasises the negotiating techniques necessary for successfully engaging in economic diplomacy in the current diplomatic atmosphere. Importantly, it also discusses how to pursue economic diplomacy at international fora and with regard to private foreign investments. Lastly, it addresses the role of non-governmental organisations in economic diplomacy. Given its scope, the book will benefit not only practicing diplomats, but also graduate students.

Today, by many accounts, China is the world's foremost purveyor of foreign aid and foreign investment to developing countries. This is the product of China's miracle economic growth over a period of more than three decades, together with China's drive to become a major player in world affairs and accomplish this through economic rather than military means. This three-volume work is the first comprehensive study of China's aid and investment strategy to trace how it has evolved since Beijing launched its foreign aid diplomacy at the time of the founding of the People's Republic of China in 1949. Volume I examines the definitions, origins, nature, and scope of foreign aid and investment by other countries. Using that background, John F. Copper then traces China's financial assistance to developing countries from the Mao period - when China gave meaningful foreign aid despite its own economic struggles - through the beginning of China's post-1978 economic boom and during subsequent decades of rapid economic growth. Copper shows that China has a more salient history in giving foreign assistance than any other country in the world; while China's objectives in giving foreign assistance have changed markedly over time, China has always been driven by efforts to realize its foreign policy objectives and expand China's external influence.

Entrepreneurship in the Gulf Cooperation Council: Entrepreneurship in the Gulf Cooperation Council promotes a practical approach to starting businesses, and is useful not only for students, but also to anyone seeking practical insights on the essential aspects of entrepreneurship. As a wide-ranging introduction to theories and their applications, the book covers business plans, feasibility studies, and sources of startup funds. Case studies from GCC countries make the book a useful source of guidelines for starting and managing a business.

Russia is one of the world's largest emerging economies. With economic development come technological revolution, growth, and change at every level of society. In Tech, Smart Cities, and Regional Development in Contemporary Russia, editor Bruno S. Sergi brings together expert contributors to explore, and explain, these changes. With chapters on FinTech, the cost of technological growth, and innovation risk management, the contributors grapple with ideas about technology and the intertwined issues that Russia faces in the 21st Century. It includes a wealth of information on today's Russian technological revolution, the overall roles of regional capitals and smart cities, and the role of Russian growth at the regional and international level. Looking across modern Russian development and growth strategies, constraints, and challenges, these chapters follow on from two volumes by the same editor: Exploring the Future of Russia's Economy and Markets: Towards Sustainable Economic Development (2018), and Modeling Economic Growth in Contemporary Russia (2019). Together, the trilogy is essential reading for students and researchers of contemporary international economics, Russian economic affairs, and emerging economies' development.

This book provides the first comprehensive account of post-crisis international regulation of derivatives by bringing together the international relations literature on regime complexity and the international political economy literature on financial regulation. It addresses three questions: What factors drove international standard-setting on derivatives post-crisis? Why did international regime complexity emerge? And how was it managed and with what outcomes? This research innovatively combines a state-centric, a transgovernmental, and business-led explanations. It examines all the main sets of standards (or elemental regimes) concerning various aspects of derivatives markets, namely: trading, clearing, and reporting of derivatives; resilience, recovery and resolution of central counterparties; capital requirements for bank exposures to central counterparties and derivatives; margins for derivatives non-centrally cleared. It is argued that regime complexity in derivatives ensued from the multi-dimensionality and the interlinkages of the problems to tackle, especially given the fact that it was a new policy area without a focal international standard-setter. Despite these challenges, international cooperation resulted in relatively precise, stringent, and consistent rules, even though there was variation across standards. The main jurisdictions played an important role in managing regime complexity, but their effectiveness was constrained by limited domestic coordination. Networks of regulators gathered in international standard-setting bodies deployed a variety of formal and informal coordination tools to deal with regime complexity. The financial industry, at times, lobbied for less precise and stringent rules and engaged in 'venue shopping', whereas, other times, it contributed to the quest for regulatory consistency.

This book examines the effect of banking on the real economy and society, focusing on banking supervision as the decisive factor in steering banking activities and determining the social outcome of the game of finance. Banking is like a cardiovascular system for our society. If it functions correctly, it allows the economy to operate smoothly. On the other hand, if it malfunctions it becomes a doomsday device. This creates an asymmetry of risks - the asymmetry between the potential dire consequences and the modest rewards of accepting those risks. Banking was one of the critical technological factors enabling the transition from the middle ages and the creation of modern society. However, while today it contributes little to economic growth, its malfunction has a profound and lasting adverse impact. The book explains why, how and what. Why is it important to keep tight supervision of the banks? How can banking supervision improve stability, not only of the financial system but also of the whole human society? What went wrong with the regulation in the past?